Merger of the Forwards Markets Commission with SEBI

Q.  The government of India has proposed merger of the Forwards Markets Commission with -
- Published on 07 Sep 15

a. NABARD
b. Unit Trust of India
c. SEBI
d. Agricultural Marketing Board

ANSWER: SEBI
 
In the budget speech finance minister Arun Jaitley proposed the merger of the Forwards Markets Commission with Sebi to strengthen regulation of commodity forward markets and reduce wild speculation. It will amend the Government Securities Act and the RBI Act is proposed in the Finance Bill, 2015.

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